Dukaan, a year-old startup that helps merchants in India set up digital stores quickly and easily using no-code tools, has received $11 million in funding. Plans are to expand the company’s offerings and expand more broadly in the South Asian market.
Safaricom’s flagship mobile money platform M-Pesa has hit 50 million active customers in Africa, boosting its position as the continent’s largest fintech company. M-Pesa is run by Safaricom and Vodacom and is now available in Kenya, Tanzania, Mozambique, the Democratic Republic of Congo (DRC), Lesotho, Ghana and Egypt. It provides customers with access to the widest agent network across the continent with more than 430,000 agent outlets and cashless payments in more than 400,000 businesses.
New report shows India with 140 million e-retail shoppers, just behind China and the U.S., with $38 billion total sales in the fiscal year ending March 2021. Projections are for India’s e-retail market to reach $120-$140 billion by 2026.
GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.